$DOGE /USDT BEARISH SETUP
Current Price: $0.23414 (-4.41%)
Key Levels:
Resistance: $0.2465
Support 1: $0.2294
Support 2: $0.2250
DOGE is showing weakness after failing to hold above the $0.2400 zone. The price is currently hovering just above the key support at $0.2294, and a breakdown could accelerate bearish momentum. Sellers are dominating in the short-term, with resistance firmly established near $0.2465.
Trade Setup (Short Entry):
Entry: $0.2340 ā $0.2360
Take Profit (TP):
TP1: $0.2294
TP2: $0.2250
TP3: $0.2200
Stop Loss (SL): $0.2470
ā Risk Management:
Always risk only 1-2% of your capital per trade. Avoid over-leveraging and adjust your position size according to your stop loss to protect your account.
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